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Ready to Be a Landlord? Important Considerations Before Renting Your Home

June 21, 2016 by Michael Addison

Whether you're going away on an extended vacation or considering downsizing into a smaller place, the popularity of websites like Airbnb has led many people to believe that there's a lot of money in home rental. However, before putting your home on the market, it's important to be aware of some of the factors that go into having a rental property. It may seem like extra money, but it's the small details that can make it a more complicated process. Is It A Short Term Solution Many people plan on putting their home on the market for a short duration of time, but if you're only planning on renting for 6 months or a year, it may not be as financially lucrative as you think. While tax breaks can … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Becoming A Landlord, Home Mortgage Tips, Landlord Tips

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